Keppel Infrastructure Trust posts 12.5% lower Q3 net

Singapore

KEPPEL Infrastructure Trust's (KIT) net profit for the third quarter fell 12.5 per cent to S$3.3 million from S$3.8 million the previous year, while revenue dropped 5.7 per cent from S$17.1 million to S$16.1 million.

For the nine months ended Sept 30, net profit declined 6.4 per cent to S$10.2 million from S$10.9 million last year, while revenue dipped 3 per cent to S$49.3 million from S$50.8 million.